Volkswagen Seeks to Regain Edge in China as It Cuts Delivery Forecast
The German automaker lowered its outlook for deliveries and announced changes to its China strategy as it struggles to regain ground lost to other automakers.
Posted inBanking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine
E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation
The bank said some price pressures were easing, but that “underlying inflation remains high overall,” as it raised rates a quarter percentage point.
Posted inBarcelona (Spain) Content Type: Service Europe Greece Heat and Heat Waves Rome (Italy) Travel and Vacations Weather
Is it Safe to Travel During Europe’s Heat Wave? Here’s What to Know
The top tourist destinations of Italy, Spain and Greece are sweltering this summer. Travelers can take precautionary measures to protect themselves.
Posted inBatteries BYD Co Ltd China Company Reports Discount Selling Electric and Hybrid Vehicles Europe Ford Motor Co General Motors Musk, Elon Prices (Fares, Fees and Rates) Production Rivian Automotive LLC Scaringe, R J Shanghai Automotive Industry Corp Sports Utility Vehicles and Light Trucks Tesla Motors Inc United States
Tesla’s Profit Rose in the Second Quarter After Big Price Cuts
Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies.